408 River Birch Trail
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 18, 2020 | Sold | ||
| Sold | |||
| Oct 14, 2020 | Listed by United Real Estate | $300,000 | |
| Listed by United Real Estate | |||
| Jul 9, 2017 | Listed | $260,000 | |
| Listed | |||
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This is a beautiful, well kept 4bdrm, 3 bath home with an awesome open floor plan. Large, spacious kitchen with huge granite island & countertops with a built in work area. This home also offers a game room, media room, large open dining room and backyard deck that's perfect for entertaining. A down stairs bedroom that would be great for a guest or even a mother in law suite. Newly installed cedar fence on most sides and a beautifully landscaped yard. Located in the heart of Forney's Trails of Chestnut Meadows you will enjoy all of their community amenities including the parks and pool. Get in to see this one before it's gone.The manager has listed the unit size as 3000 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017